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NEWS Click on text to read news by category: General | Product | People | Worldwide

White House Moves to Restore Key Environmental Review Rules

October 7, 2021

The White House on Wednesday took the first step to restore federal regulations guiding environmental reviews of major infrastructure projects like highways and pipelines that were scaled back by the Trump administration that sought to fast-track them. The White House

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Santos to Merge with Oil Search to Create $15.4 Billion Oil and Gas Company

October 5, 2021

Australian energy company Santos has reached a merger implementation deed (MID) with Papua New Guinea-based Oil Search to create a combined entity with a market capitalization of A$21 billion ($15.4 billion). Under the terms of the merger agreement, Oil Search

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Whiting Petroleum Wraps Up $187 Million Exit from D-J Basin

October 5, 2021

Whiting Petroleum Corporation has completed its acquisition of the leasehold interests and related assets in the Williston Basin of North Dakota. The company also closed the divestiture of its Redtail leasehold interests and related assets, including associated midstream assets, located

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Whistler Pipeline in Permian Begins Commercial Production, Texas

October 5, 2021

The Whistler Pipeline began full commercial service on July 1, 2021 providing approximately 2.0 billion cubic feet per day (Bcf/d) of incremental natural gas transport capacity to the Texas Gulf Coast markets from the Permian basin, which will help ensure

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BOEM to Hold Oil and Gas Lease Sale for the Gulf of Mexico on Nov. 17

October 4, 2021

The Bureau of Ocean Energy Management (BOEM) said it will hold an oil and gas lease sale for the Gulf of Mexico on Nov. 17, in compliance with an order from a U.S. District Court. The Biden Harris Administration is

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Amid Global Energy Crunch, OPEC+ Weighs How Much Oil to Pump

October 4, 2021

With oil prices near three-year highs, OPEC and allied countries are deciding whether to stay with their plans to gradually restoring production that was cut back during the pandemic recession — or to pump more oil to a recovering global

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U.S. Drillers Add Oil and Gas Rigs for Fourth Week in a Row

October 4, 2021

U.S. energy firms this week added oil and natural gas rigs for a fourth week in a row as more storm-hit offshore units resumed service in the Gulf of Mexico, and as crude prices this week hit three-year highs, prompting

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Ranger Energy Services Completes $36.65 Million Acquisition of Basic Energy Services’ Assets

October 4, 2021

Ranger Energy Services has closed the acquisition of certain assets of Basic Energy Services, Inc. and its subsidiaries. The assets were sold by Basic as part of its bankruptcy process. The agreement to purchase the assets was approved by the

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Senate Confirms Bureau of Land Management Pick Tracy Stone-Manning on Party-line Vote

October 4, 2021

The Senate confirmed Tracy Stone-Manning as Bureau of Land Management director in a party-line vote Thursday, placing a former Earth First! activist involved in a 1989 tree-spiking plot in charge of managing vast swaths of Western lands. The Senate voted

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Tallgrass Energy to Create First Certified Interstate Natural Gas Transmission System

September 30, 2021

A multi-year partnership between Tallgrass Energy and Project Canary would make Tallgrass’ Rockies Express Pipeline (REX) the first interstate natural gas transmission pipeline in the United States to receive a comprehensive and independent environmental assessment and certification from Project Canary.

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